kuroFX

a daily forex trading journal

Archive for March, 2010

Mar19

Trading Today (March 19, 2010)

I almost forget to post my trade today.. :p
Today I’m back to focus at GBP/JPY. I found a signal to entry Sell position at this morning.

At 4 Hours chart, I draw a minor Down Trendline. So that trendline became a Resistance. When I add Moving Averages periode 14, chart looked retracement until touch MA 14. Because a minor Down Trendline meets MA 14, I guess it could be a Strong Resistance. So, I tried to entry Sell position before I go to office to work. And then CCI indicator gives support for my analysis that chart is between 100 and -100 levels. So, it could be chart would continue Bearish.

And then, this is the condition of GBP/JPY now.. ^^

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I wish Target Profit can be touched by prices. 😀

Cheers,
Kurosano

Mar18

Trading Hari ini (18 Maret 2010)

Posisi Sell EU kemarin malam masih saya tahan dan semoga saja TP bisa tercapai. 🙂
Sekarang saya melihat ada yang menarik pada pair GBP/JPY.

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Setelah price berhasil menembus batas Down Trendline, tampaknya price akan melakukan retrace sebelum melanjutkan gerakan Bullish kembali. Jika benar, sepertinya price akan kembali menyentuh Down Trendline bersamaan dengan garis Moving Average (Biru) yang mungkin akan menjadi batas Support. Dengan analisis dan probabilitas seperti ini, saya mencoba memasang Buy Limit di area 137.54.
Semoga profit hari ini. ^^

Cheers,
Kurosano

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UPDATE

Buy Limit telah tereksekusi. Semoga hingga malam nanti, Target Profit dapat tercapai. ^^

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UPDATE 2

closed posisi saat jam 5 tadi dimana harga penutupan tidak berhasil menembus minor Down trendline.